This isn't a lending requirement but have some boots on the ground other than just the construction company.

You need boots on the ground to see who lists flips and who lists dumps.

You can't just call the cops and have them booted for non-payment like is often done with short term rentals.

On a boots-on tour, I'd NEVER say "no, stay away, just send me your $ and hope it comes out well" that's shady. 

Grocapitus is the most innovative syndication company I have ever seen though, so I would highly recommend attending their webinars and getting involved with them as an investor.For full transparency, his Marketing Director of Marketing and Social Engagement, Eric Bleau, has been my mentor for the past several months so I am a little biased, but, having personally been to multiple boot camps and having met several syndicators like Vinney Chopra and Anthony Chara, I can confidently say that Eric and Neal are two of the smartest, and most well-put-together players in the multifamily syndication world I've met. 

Most articles I've read recommend taking a trip to get boots on the ground.

I have connected with several members doing new construction or with boots on the ground in Cape Coral, so thanks to all of you that have discussed and answered questions from me so far.Here's where I'm at:-Connected with Rent to Retirement in November/December 2021 to discuss the area and opportunity.

Much of our back office is centralized / remote based, while our boots on the ground are local to the market / properties. 

Buying an out of state rental property from a realtor, wholesaler or off facebook or zillow etc as opposed to from an operation or turnkey provider who has an active, substancial, and effective boots on the ground team or teams to support you after you close on the sale. 

I think he should be booted off the Section 8 program for ethical violations.